Estimated 24-hour crypto futures liquidations topped $66 million. Bitcoin accounted for $29.09 million in liquidations, while Ether accounted for $29.87 million.
U.S. spot Bitcoin ETFs posted a net outflow of about $331.03 million yesterday, extending the streak to three straight trading days. Trader T data showed BlackRock's IBIT accounted for most of the outflow at $325.57 million.
Ali Charts said about 60 addresses holding more than 10,000 ETH each liquidated their positions over the past two months. Ali Charts added that exchanges have recently seen significant inflows.
Alibaba released the Qwen3.7-Max model at the Alibaba Cloud Summit. Alibaba said the model improves core capabilities and supports multiple Harness frameworks.
Shanghai bank and police stop 100,000 yuan Bitcoin investment scam targeting elderly man
A man in his 70s in Shanghai was stopped from withdrawing 100,000 yuan for a Bitcoin investment transfer after bank staff and police intervened. Police said scams tied to Bitcoin investment and retirement wealth management are rising and often use fake profit screenshots and guaranteed-return claims.
Trump Digital Asset Advisor Expects U.S. Bitcoin Reserve Announcement Within Weeks
Patrick Witt, a Trump digital asset advisor, said the administration has cleared major legal hurdles and expects a U.S. Bitcoin strategic reserve announcement within the coming weeks. Witt said the U.S. government has put the legal structure in place to secure the Bitcoin holdings and views Bitcoin as part of future financial architecture.
Speaking at the annual Congressional Picnic, US President Trump said the war with Iran would end ‘very quickly’ and that the country wants ‘to make a deal so badly’ https://reut.rs/3Pe7wdv
Putin is meeting with Xi in China, just days after Trump’s closely watched visit.
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A preliminary version already offers a potential treasure trove for biologists https://www.economist.com/science-and-technology/2025/09/17/a-new-ai-model-can-forecast-a-persons-risk-of-diseases-across-their-life?taid=6a0d28672ec63a000167a269&utm_campaign=editorial-social&utm_content=discovery.content&utm_medium=social-media.content.np&utm_source=twitter
Yorkville Pulls Truth Social Bitcoin, Ethereum ETF Applications
Yorkville America withdrew multiple Truth Social crypto ETF applications after changing its product strategy. The firm said it is moving from Securities Act of 1933 offerings to Investment Company Act of 1940 structures for stronger investor protections and tax efficiencies. Yorkville America did not indicate it would refile the crypto funds under the new structure.
U.S. spot Ethereum ETFs posted $62.27 million in net outflows on May 19, extending withdrawals to seven straight days. BlackRock's ETHA accounted for $59.37 million of the outflows, according to data compiled by Trader T.
Analyst Says 60 ETH Whales Emptied or Consolidated Holdings in Two Months
Ali Martinez said about 60 whale addresses holding more than 10,000 ETH each emptied or consolidated their balances over the past two months. Martinez said the shift signals institutional-level profit-taking and asset redistribution. Martinez said the setup points to possible short-term downside for ETH.
Overseas investors sold more Japan’s super-long government bonds than they bought for the first time in well over a year as the market grappled with concerns about inflation and increased fiscal spending https://www.bloomberg.com/news/articles/2026-05-20/japan-s-super-long-bonds-see-first-foreign-outflow-since-2024-mpdgo8go?taid=6a0d248bb912840001007da0&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter
DOJ Signs Trump Deal to Bar IRS Review of Past Tax Returns, Create $1.8B Fund
The U.S. Department of Justice signed an agreement to permanently block IRS review of President Trump's past tax returns, and the deal includes a nearly $1.8 billion compensation fund. The fund is meant for Trump's allies whom the agreement described as having faced unjust prosecution.